Keros Therapeutics (KROS) Free Cash Flow (2019 - 2025)
Keros Therapeutics (KROS) reported Free Cash Flow of -$25.9 million for Q4 2025, up 44.1% on a YoY basis from -$18.0 million in Q4 2024, and down 1501.95% quarter-over-quarter from $1.8 million in Q3 2025.
Keros Therapeutics (KROS) Free Cash Flow (2019 - 2025) Analysis & Trends
Keros Therapeutics has reported Free Cash Flow for 7 years, with the latest figure at -$25.9 million in Q4 2025.
- For the quarter ending Q4 2025, Free Cash Flow rose 44.1% year-over-year to -$25.9 million; the trailing twelve-month figure through Dec 2025 stood at $107.5 million (up 166.03% YoY), and the FY2025 full-year result was $107.5 million, up 166.03% from the prior year.
- Free Cash Flow for Q4 2025 stood at -$25.9 million, down from $1.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $160.6 million in Q1 2025, with the low at -$46.3 million in Q4 2024.
- Historically, Free Cash Flow has averaged -$15.7 million across 5 years, with a median of -$25.2 million in 2022.
- Annual changes were most pronounced in 2023 — Free Cash Flow sank 2162.62% — and 2025, when it soared 458.58%.
- Keros Therapeutics' Free Cash Flow stood at -$19.7 million in 2021, then decreased by 14.94% to -$22.7 million in 2022, then dropped by 14.68% to -$26.0 million in 2023, then plunged by 78.08% to -$46.3 million in 2024, then surged by 44.1% to -$25.9 million in 2025.
- The last three Free Cash Flow figures came in at -$25.9 million (Q4 2025), $1.8 million (Q3 2025), and -$29.1 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -1.67 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -12.20 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -2.49 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.29 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 63,220.27 |
| 10 | Keros Therapeutics | 399.01 Mn | 111.61 Mn | - | -25.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -25.88 Mn |
| Dec 31, 2025 | -25.88 Mn |
| Sep 30, 2025 | 1.85 Mn |
| Sep 30, 2025 | 1.85 Mn |
| Jun 30, 2025 | -29.07 Mn |
| Jun 30, 2025 | -29.07 Mn |
| Mar 31, 2025 | 160.61 Mn |
| Mar 31, 2025 | 160.61 Mn |
| Dec 31, 2024 | -46.30 Mn |
| Dec 31, 2024 | -46.30 Mn |
| Sep 30, 2024 | -32.06 Mn |
| Sep 30, 2024 | -32.06 Mn |
| Jun 30, 2024 | -39.66 Mn |
| Jun 30, 2024 | -39.66 Mn |
| Mar 31, 2024 | -44.79 Mn |
| Mar 31, 2024 | -44.79 Mn |
| Dec 31, 2023 | -26.00 Mn |
| Dec 31, 2023 | -26.00 Mn |
| Sep 30, 2023 | -32.67 Mn |
| Sep 30, 2023 | -32.67 Mn |